this post was submitted on 19 Jun 2023
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Memes
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Im suprised this isnt getting downvoted
I think it's in jest, but there's a sliver of truth in it because the 3rd party apps were profitable and Reddit isn't. This is due to Reddit being incompetent rather than 3rd party apps being greedy however.
Looks like it’s not accurate then because they’re getting some profits in this drawing.
Social media platforms generally only lose money.